Evolve US Banks Enhanced Yield Fund (CALL.TO) TSX

13.80

+0.26(+1.92%)

Updated at June 02 03:03PM

Currency In CAD

Evolve US Banks Enhanced Yield Fund

Address

40 King Street West, Suite 3404

Toronto, ON M5H 3Y2

Canada

Phone

844-370-4884

Sector

Financial Services

Industry

Asset Management - Income

Employees

N/A

First IPO Date

January 09, 2018

Key Executives

N/A

Description

CALL seeks to replicate, to the extent reasonably possible before fees and expenses, the performance of the Solactive Equal Weight US Bank Index Canadian Dollar Hedged, while mitigating downside risk. CALL invests primarily in the equity constituents of the Solactive Equal Weight US Bank Index Canadian Dollar Hedged, while writing covered call options on up to 33% of the portfolio securities, at the discretion of the Manager. The level of covered call option writing may vary based on market volatility and other factors.